Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 27.11%
March 31, 2024 25.38%
December 31, 2023 26.06%
September 30, 2023 30.55%
June 30, 2023 32.80%
March 31, 2023 28.32%
December 31, 2022 25.76%
September 30, 2022 29.43%
June 30, 2022 31.42%
March 31, 2022 26.61%
December 31, 2021 18.00%
September 30, 2021 24.80%
June 30, 2021 25.93%
March 31, 2021 23.20%
December 31, 2020 21.34%
September 30, 2020 24.59%
June 30, 2020 15.29%
March 31, 2020 33.26%
December 31, 2019 34.99%
September 30, 2019 36.19%
June 30, 2019 37.92%
March 31, 2019 36.36%
December 31, 2018 34.81%
September 30, 2018 33.83%
June 30, 2018 33.09%
Date Value
March 31, 2018 33.80%
December 31, 2017 32.75%
September 30, 2017 32.90%
June 30, 2017 29.71%
March 31, 2017 26.61%
December 31, 2016 24.72%
September 30, 2016 23.14%
June 30, 2016 23.98%
March 31, 2016 25.62%
December 31, 2015 4.89%
September 30, 2015 26.04%
June 30, 2015 28.13%
March 31, 2015 26.22%
December 31, 2014 30.24%
September 30, 2014 29.07%
June 30, 2014 30.63%
March 31, 2014 31.46%
December 31, 2013 26.03%
September 30, 2013 30.77%
June 30, 2013 29.49%
March 31, 2013 27.49%
December 31, 2012 32.01%
September 30, 2012 30.61%
June 30, 2012 28.63%
March 31, 2012 28.63%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

15.29%
Minimum
Jun 2020
34.99%
Maximum
Dec 2019
26.57%
Average
26.06%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks